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Nemaska Lithium Inc NMKEF

Nemaska Lithium Inc is a Canada based lithium company. It is engaged in exploring and evaluating lithium properties and processing of spodumene into lithium compounds in Quebec, Canada. The company supplies lithium hydroxide and lithium carbonate to the lithium battery industry used in electric vehicles, cell phones, tablets, and other consumer products.


GREY:NMKEF - Post by User

Comment by Calgary_ABon May 11, 2020 9:42pm
76 Views
Post# 31014881

RE:Calgary...any thoughts?

RE:Calgary...any thoughts?YRI is doing excellent I sold it all...just wanted to double it and sold it off.
I'm into gold and silver only right now, If I had more cash I would buy more silver and gold :)

Now to answer your question; I do not know...
I do not have enough knowledge on batteries and from what I see Batteries will always be needed but there was a LI hype that ended...will it come back? Hard to know, after this pandemic, I don't think Governments will subsidize the sector as they did before and without subsidies the EV is not going to explode like the brainwashed are thinking.

But sorry, I can't give you advice other than; Silver and Gold are the investment for me for the next year or two. I am trading just like I would trade any other stock, buy and sell and try to accumulate shares without new money...



Master splinter wrote: To begin, my man...YRI was a succesful hit. I apprecitate the effort. Well done. Still holding. Tallks of massive merging and acquistions in the precious metals majors and I assume the stock will continue to rise. Have a few juniors too and gold is a sure thing these hectic and unpredictabe days. 

Now, my question...do you think battery metals are a good investment at all? I have been eyeing the cobalt refinery here in North America and want a fair honest opinion as to whether or not you think it will be a profitable adventure. FCC has target price of 0.60 in one year. The stock lingers at 0.16. The refinery is capable of producing cobalt sulphate and has been confident in publicly sharing their future alignment with Glencore. This particular refinery is the only one in North America. Collaboation with Glencore is the catalyst for upgrading the refinery to a drastic increase in the production of the colbalt sulafte (almost like a commercial entity). Does this particular stock have the variables to become a profitable investment? Just give me your humble opinion please...


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